Constellation Software Inc. (TSE:CSU) Stock Has Average Target Price of C$3,884.40

Constellation Software Inc. (TSE:CSU) has been assigned an average recommendation of “Moderate Buy” from the nine brokerages that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is C$3,884.40.

CSU has been the subject of several analyst reports. Raymond James Financial increased their price target on shares of Constellation Software from C$3,200.00 to C$3,500.00 and gave the stock a “market perform” rating in a report on Wednesday, August 12th. Desjardins lifted their price objective on Constellation Software from C$3,800.00 to C$3,900.00 and gave the company a “buy” rating in a report on Monday, August 10th. Jefferies Financial Group boosted their target price on Constellation Software from C$3,185.00 to C$3,294.00 in a research report on Thursday, August 13th. National Bank Financial increased their target price on Constellation Software from C$3,500.00 to C$3,700.00 and gave the stock an “outperform” rating in a research note on Thursday, August 13th. Finally, Royal Bank Of Canada set a C$4,400.00 price target on Constellation Software and gave the company an “outperform” rating in a report on Wednesday, August 26th.

Insider Buying and Selling at Constellation Software

In other news, insider John Edward Billowits sold 1,200 shares of the stock in a transaction dated Friday, August 28th. The shares were sold at an average price of C$3,203.00, for a total value of C$3,843,600.00. Following the completion of the transaction, the insider owned 12,370 shares in the company, valued at C$39,621,110. This trade represents a 8.84% decrease in their position. Also, Director Jamal Nizam Baksh sold 149 shares of the firm’s stock in a transaction dated Tuesday, September 29th. The shares were sold at an average price of C$2,871.23, for a total transaction of C$427,813.27. Following the completion of the sale, the director owned 143 shares of the company’s stock, valued at C$410,585.89. This trade represents a 51.03% decrease in their position. 5.69% of the stock is currently owned by insiders.

Constellation Software Stock Performance

TSE:CSU opened at C$2,950.64 on Wednesday. The company has a debt-to-equity ratio of 141.06, a current ratio of 0.90 and a quick ratio of 0.55. The firm has a market cap of C$62.53 billion, a price-to-earnings ratio of 65.09, a price-to-earnings-growth ratio of 2.95 and a beta of 0.72. The firm’s fifty day moving average price is C$3,001.07 and its 200 day moving average price is C$2,778.81. Constellation Software has a 1-year low of C$2,196.00 and a 1-year high of C$4,081.71.

Constellation Software (TSE:CSU) last announced its quarterly earnings data on Tuesday, August 11th. The company reported C$18.37 EPS for the quarter. Constellation Software had a net margin of 7.57% and a return on equity of 25.24%. The company had revenue of C$4.74 billion during the quarter. On average, sell-side analysts expect that Constellation Software will post 55.4616354 EPS for the current year.

Constellation Software Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 9th. Shareholders of record on Friday, October 9th will be issued a $1.00 dividend. The ex-dividend date of this dividend is Friday, September 18th. This represents a $4.00 dividend on an annualized basis and a yield of 0.1%. Constellation Software’s dividend payout ratio (DPR) is 8.82%.

Constellation Software Company Profile

Constellation Software is an international provider of market-leading software and services to a number of industries. Our mission is to acquire, manage and build market-leading software businesses that develop specialized, mission-critical software solutions to address the specific needs of our particular industries. Our company was founded in 1995 to assemble a portfolio of vertical market software companies that have the potential to be leaders in their particular market. Since then, we have grown rapidly through a combination of acquisitions and organic growth, and established a strong constellation of companies with a large, diverse customer base.